Ownership Structure and R&D Orientation in ICT Groups

• Texto completo

•  
• Blogs
•  
• General
•  
• Información Adicional
•  
• Ver todos
•  

Blogs Publicados

• {{blog.titulo_blog}} - {{formatDate(blog.fecha_publicacion) | date:'yyyy-MM-dd' }}

General

Publicado en

• Eurasian Business Review

Resumen

• In this paper we use the subset of ICT companies from the European R&D Investment Scoreboard to test the effect of change in the shareholders structure on the business orientation towards R&D. A change in one of the control participation for the business group is associated with a deepening of the R&D orientation. The effect is twice as large if the shareholder is a public institution or a risk-oriented financial institution. In the estimation, we address the role of heterogeneiTY by allowing for fat tails and asymmetry. Copyright Eurasia Business and Economics SocieTY 2013

autores

• Bogliacino, Francesco
• Nepelski, Daniel
• Prato, Giuditta

fecha de publicación

• 2013

Información Adicional

Página inicial

• 164

Última página

• 178

Volumen

• 3

Issue

• 2